Stock market
Is Anthropic About To Delay The Biggest IPO Ever?
Is Anthropic About To Delay The Biggest IPO Ever? Backers want a lower price, the November timetable is in doubt, and executives and advisers are set to meet to review the deal...Major institutional backers are pushing Anthropic to cut the $1.5 trillion valuation it had been targeting for its IPO, and one suggested pricing could fall closer to $1 trillion, the Wall Street Journal reported Thursday, after the Nasdaq Composite lost $2.5 trillion of market value in a single session.Anthropic had aimed to raise up to $100 billion around the week before Thanksgiving, which would top Sp